Forgotten Now Family Rescue Co

Analysis

Forgotten Now Family Rescue Co is a registered charity in United States, based in Cornelius, NC. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Forgotten Now Family Rescue Co reported income of $939k and spending of $921k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $398k to $939k (+136%), an average of +136% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 98% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Forgotten Now Family Rescue Co sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Small Wild Cat Conservation Foundation ($939k), Cat Town ($939k) and Pack Leaders Rescue of CT Inc ($938k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.